wjh4848
Level 2
08-05-2024
11:25 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
I have a final grantor irrevocable trust. The grantor passed away in February 2024 and the Trustee (my client) sold the personal residence in May 2024. That was the only thing in the trust. How is this entered on the 1041 since I was told to have him claim a Section 645 Election for the property?
This is the First Trust Tax Return I am doing.
Thank you.
Best Answer Click here